Share the sample bequest language for the AALSD Foundation with your estate planning attorney:
"I give, devise and bequeath to American Association for the Study of Liver Diseases (AASLD) Foundation (Tax ID# 46-4495751):
a. the sum of __________ dollars ($_____ )
b. _____ percent ( %) of the rest, residue and remainder of my estate to be used for its unrestricted purpose."
The AASLD Foundation is tax-exempt under §501(c)(3) of the Internal Revenue Code. Contributions made to the AASLD Foundation are deductible charitable contributions to the extent permitted by §170 of the Internal Revenue Code.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.